Inflation

Inflation

Markets

What Is the Definition of ‘Recession?’ And Does Bitcoin Care?

The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics don't matter.

Corporate America dismisses recession fears. (ZargonDesign)

Markets

Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’

The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.

U.S. Treasury Secretary Janet Yellen at Thursday's press conference discussing GDP data. (Win McNamee/Getty Images)

Markets

Ether, Solana Lead Losses Among Major Cryptos, Analysts See Further Declines After Fed Rate Hikes

No clear buy signal emerged for bitcoin and a poor macroeconomic situation still dominates, one analyst said.

Dos legisladores apoyaron el aumento en las tasas de interés a riesgo de reducir el crecimiento económico. (Peter Cade/Getty Images)

Videos

Bitcoin Drops Even as Wall Street’s ‘Fear Gauge’ Indicates Calm Ahead of Fed Decision

Bitcoin fell even as the Chicago Board of Options Exchange’s volatility index (VIX), a measure known as Wall Street’s fear gauge, showed an absence of investor anxiety ahead of the U.S. Federal Reserve’s expected 75 basis point interest rate hike.

CoinDesk placeholder image

Markets

Banco Central Europeo sube tasa de interés 50 puntos básicos pero bitcoin se mantiene estable

El primer aumento de tasas de interés del BCE desde 2011 se produce cuatro meses después de que la Fed iniciara su ciclo de ajuste, lo que provocó que los activos de riesgo bajaran.

El BCE anunció su primer aumento en las tasas de interés en 11 años. (alexanderjungmann/Pixabay)